Associated Banc-Corp

10-Year Study

ASB.US · Financial Services · US · Common Stock

Executive Summary: Associated Banc-Corp has compounded at 7.5% annually over the last 10 years, with a maximum drawdown of 51.0% and an annualized volatility of 31.9%.

1Y CAGR
+24.0%
3Y CAGR
+27.9%
5Y CAGR
+7.5%
10Y CAGR
+7.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
51.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.27
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.39
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
27.2%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +37.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -20.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20265.8-4.0-1.26.1————————6.6%
20255.2-1.2-8.5-2.15.06.31.49.0-3.8-3.76.1-1.111.9%
2024-1.80.33.2-2.01.7-0.28.7-0.4-4.910.212.4-9.716.2%
2023-2.94.2-22.3-0.8-15.89.616.8-7.4-1.3-5.310.820.6-2.9%
20225.82.9-6.7-12.34.8-11.810.10.70.221.31.9-6.16.0%
20215.213.35.92.65.9-10.9-3.35.23.94.0-0.83.237.2%
2020-9.6-14.2-24.510.60.3-2.4-6.16.0-6.18.513.211.3-18.9%
20199.48.3-8.36.3-12.06.72.5-10.45.2-0.77.52.815.1%
2018-2.60.40.66.44.9-1.1-1.11.5-4.6-10.80.7-14.6-20.2%
20172.42.3-5.22.0-3.75.7-5.0-8.110.74.31.3-0.45.0%
2016———1.73.1-8.28.57.3-1.33.613.28.140.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 31.9%. The dominant macroeconomic risk driver is IJR.US, accounting for 39.8% of variance. Idiosyncratic stock-specific factors contribute 11.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110167.291471415183
2016-05-0110480.006248047484
2016-06-019616.447985004686
2016-07-0110429.553264604809
2016-08-0111187.285223367699
2016-09-0111046.313651983755
2016-10-0111446.65729459544
2016-11-0112954.233052171196
2016-12-0114003.045923149015
2017-01-0114343.252108716028
2017-02-0114666.119962511717
2017-03-0113897.219618869103
2017-04-0114182.052483598874
2017-05-0113652.37425804436
2017-06-0114425.179631365198
2017-07-0113709.621993127146
2017-08-0112605.357700718527
2017-09-0113958.059981255858
2017-10-0114562.402374258045
2017-11-0114756.638550452983
2017-12-0114698.76601062168
2018-01-0114322.633552014993
2018-02-0114379.803186504216
2018-03-0114467.119650109342
2018-04-0115398.625429553265
2018-05-0116155.107778819118
2018-06-0115979.537644486098
2018-07-0115803.967510153076
2018-08-0116039.362699156512
2018-09-0115303.655107778817
2018-10-0113643.783192752266
2018-11-0113739.144017494533
2018-12-0111734.92658544205
2019-01-0112837.78506716651
2019-02-0113905.029678225554
2019-03-0112752.186816619806
2019-04-0113552.561699468915
2019-05-0111932.286785379569
2019-06-0112733.364573570758
2019-07-0113052.63980006248
2019-08-0111692.049359575132
2019-09-0112305.841924398625
2019-10-0112220.790378006874
2019-11-0113137.769447047798
2019-12-0113505.467041549517
2020-01-0112212.511715089035
2020-02-0110481.80256169947
2020-03-017918.619181505778
2020-04-018754.451733833177
2020-05-018782.02124336145
2020-06-018575.132771009059
2020-07-018048.65666979069
2020-08-018534.910965323337
2020-09-018014.214308028741
2020-10-018693.689472039987
2020-11-019837.706966572945
2020-12-0110948.60980943455
2021-01-0111520.149953139644
2021-02-0113053.264604810996
2021-03-0113824.11746329272
2021-04-0114180.412371134022
2021-05-0115010.074976569822
2021-06-0113371.290221805684
2021-07-0112927.288347391439
2021-08-0113595.204623555137
2021-09-0114122.617931896282
2021-10-0114689.706341768198
2021-11-0114567.947516401124
2021-12-0115026.944704779757
2022-01-0115898.313027179007
2022-02-0116355.74820368635
2022-03-0115262.730396751016
2022-04-0113378.319275226491
2022-05-0114016.713527022805
2022-06-0112364.495470165573
2022-07-0113610.434239300217
2022-08-0113704.857856919713
2022-09-0113732.19306466729
2022-10-0116652.296157450797
2022-11-0116968.213058419242
2022-12-0115926.74164323649
2023-01-0115457.669478288037
2023-02-0116111.918150577943
2023-03-0112513.745704467354
2023-04-0112409.325210871602
2023-05-0110449.859418931585
2023-06-0111451.811933770698
2023-07-0113371.055920024992
2023-08-0112379.803186504218
2023-09-0112222.664792252423
2023-10-0111579.740706029366
2023-11-0112831.146516713525
2023-12-0115471.102780381132
2024-01-0115196.266791627615
2024-02-0115235.707591377693
2024-03-0115725.55451421431
2024-04-0115403.858169322086
2024-05-0115659.715713839423
2024-06-0115622.77413308341
2024-07-0116974.539206497968
2024-08-0116900.734145579507
2024-09-0116068.57232114964
2024-10-0117709.700093720712
2024-11-0119910.418619181506
2024-12-0117984.06747891284
2025-01-0118917.135270228053
2025-02-0118698.922211808807
2025-03-0117111.527647610124
2025-04-0116754.607935020307
2025-05-0117597.62574195564
2025-06-0118709.934395501405
2025-07-0118978.444236176194
2025-08-0120689.159637613247
2025-09-0119896.360512339896
2025-10-0119168.93158388004
2025-11-0120345.20462355514
2025-12-0120118.71290221806
2026-01-0121290.221805685724
2026-02-0120438.925335832555
2026-03-0120196.813495782568
2026-04-0121438.61293345829
Annual Return Matrix
YearAnnual Return
20170.04968348252879329
2018-0.20163865613194265
20190.15087784684600747
2020-0.18932016377136784
20210.37249796698671767
20220.05987890127595441
2023-0.02860841677863546
20240.16242957817579717
20250.11869647541125983
20260.06560559006211175
Total Factor Risk
0.3187968241828313
VTI.US Exposure
0.36072616695610465
VEA.US Exposure
-0.037840975401492165
VWO.US Exposure
0.0077410136680372
QQQ.US Exposure
-0.015330086631642663
VTV.US Exposure
0.32955555458723745
IJR.US Exposure
0.39750566740942117
QUAL.US Exposure
-0.16659488961613805
SHV.US Exposure
0.007561091034485071
TLT.US Exposure
0.007137223652093673
LQD.US Exposure
0.004204393352420202
HYG.US Exposure
0.08331199519997382
GLD.US Exposure
-0.002941375364960649
USO.US Exposure
-0.004542774824969678
VNQ.US Exposure
-0.09354898639555714
BTC-USD.CC Exposure
-0.008170323331088377
CPER.US Exposure
0.017434207075568583
VIX.INDX Exposure
-0.0015668763922588032
UUP.US Exposure
0.006080161808726337
TIP.US Exposure
-0.0009408763325780251
Idiosyncratic Exposure
0.11021968954661739
Value Score
46.2
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
42.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
31.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →9.4x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.55%
Market Cap$4.9B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$187
Avg Yield on Cost
1.87%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$187.441.87%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
6.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.78
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Associated Banc-Corp a high-risk investment?

Associated Banc-Corp (ASB.US) has an annualized volatility of 31.9% and experienced a maximum drawdown of 51.0% over the last 10 years. Its primary macro risk driver is IJR.US.

What is the 10-year return of ASB.US?

Over the past 10 years, ASB.US has generated a Compound Annual Growth Rate (CAGR) of 7.5%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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